“Amazon leases office space near Empire State Building” by Jay Greene at Seattle Times. “We have leased this building primarily as corporate office space and we intend to sublease to other tenants the ground-floor retail space,” Amazon spokeswoman Kelly Cheeseman said. Amazon has no current plans to open its own store in the space.” Read more
“Best Buy’s Big Q3 Surprise” by Kavita Kumar at Star-Tribune. “(Best Buy) reported its first sales lift in nearly two years and a near doubling of profit, shattering analysts’ expectations. And in another surprise, it did so with little help from the most-watched new product of the year: the iPhone 6.” Read more
Ferguson: Best Buy Store to Close on Black Friday if Grand Jury Decision Comes by Julie Bosman & Alan Blinder at NY Times. “When we find out that the grand jury is going to give its decision one way or the other, we will close at least one of our stores at that time in order for our customers and employees to be able to get home safely in case there are protests,” said Jeffrey Shelman, a spokesman for Best Buy.” Read more
“Latinos’ Love Affair With ‘Clubbing'” by Roberto Siewczynski at MediaPost. “Shopping for the Hispanic shopper is not necessarily a quick individual chore, but rather something done in a more pluralistic way (e.g., 141 index to shopping with spouse, 180 index to shopping with children). The in-store experience, in particular, is quite important, with ambassadorship being a key influencer.” Read more
“Dollar Tree posts best same-store sales growth since 2011” at CNBC. “Dollar Tree’s same-store sales rose 5.9 percent in the third quarter ended Nov. 1, beating the average analyst estimate of 4 percent, according to research firm Consensus Metrix.” Read more
“Dollar Tree expects to shed 500 stores — or fewer — in Family Dollar acquisition” by Jennifer Thomas at Charlotte Bus. Journal. “The current process with the FTC is what we expected many months ago,” (CEO Bob Sasser) said. “This is a large merger involving many stores, and it simply takes time for the FTC to analyze documents and data.” Read more
“Texas: Costco previewed by approximately 5,000” by J.Werner at The Woodlands Online. “We’re amazed at the turnout,” said Azita. “We didn’t think this many people would be here.” “We’ll definitely shop here for our business, but we’ll probably do it on a weekday,” said Dr. Reger.” Read more
“Better move fast! Amazon pushing deals to Snapchat” by Krystina Gustafson at CNBC. “To kick off its Black Friday specials, Amazon on Thursday announced that it will start posting deal codes to disappearing messaging app Snapchat, which can then be redeemed during checkout on its site.” Read more
“Buffalo: Stores Still Closed from Snow Storm” by Samantha Christmann at The Buffalo News. “Three Wegmans stores that have been closed since Tuesday, 370 Orchard Park Road in West Seneca, 4960 Transit Road in Depew and 3740 McKinley Parkway in Blasdell; are still closed.” Read more
….Some Tops Stores are Open but Don’t Look for Milk, Bread or Eggs at The Buffalo News. “About 10 Tops stores located in areas hardest hit by the storm are open and will remain so, but are “operating in a very limited capacity in terms of associates and products,” according to Katie McKenna, a Tops spokeswoman.” Read more
“How Obama’s plan on immigration will enrich Wal-Mart” by Diana Furchtgott-Roth at MarketWatch. “The company’s GoBank is especially helpful to those without bank accounts or with only basic accounts who can benefit from additional banking services.” Read more
“FBI takes cyberattack fight in new direction” by Cory Bennett at The Hill. “Normally, we’d be driven by the victims,” Comey explained. “Which companies have raised their hand and said, ‘We’ve been hacked,’ and then we would assign the matter to that field office.” Instead, the threat will get assigned based on the dangerousness and complexity of the threat. Then, up to four regional field offices will be tasked with assisting local hacking victims after the initial threat has been assigned to.” Read more
“Former Amazon employee plans hunger strike” by Todd Bishop at GeekWire. “What choice do I have? Crawl back home and move on? That’s not going to happen,” he replied.” Read more
***
Eye-on-Retail is a daily tipsheet read by thousands of Retail Merchants & Executives every weekday morning. Eye-on-Retail is unique because it’s timely, smart and fun. It’s created early AM every weekday and delivered between 7-8 am CST. We love data, earnings reports, executive presentations and stories off the beaten path that get at what’s happening in the world of retail. Contact us @ info@eyeonretail.net.
Share this entry
Archives
- July 2026
- June 2026
- May 2026
- April 2026
- March 2026
- February 2026
- January 2026
- December 2025
- November 2025
- October 2025
- September 2025
- August 2025
- July 2025
- June 2025
- May 2025
- April 2025
- March 2025
- February 2025
- January 2025
- December 2024
- November 2024
- October 2024
- September 2024
- August 2024
- July 2024
- June 2024
- May 2024
- April 2024
- March 2024
- February 2024
- January 2024
- December 2023
- November 2023
- October 2023
- September 2023
- August 2023
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- November 2020
- October 2020
- September 2020
- August 2020
- July 2020
- June 2020
- May 2020
- April 2020
- March 2020
- February 2020
- January 2020
- December 2019
- November 2019
- October 2019
- September 2019
- August 2019
- July 2019
- June 2019
- May 2019
- April 2019
- March 2019
- February 2019
- January 2019
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- September 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
- February 2015
- January 2015
- December 2014
- November 2014
- October 2014
- September 2014
- August 2014
- July 2014
- June 2014
- May 2014
- April 2014
- March 2014
- February 2014
- January 2014
- December 2013
- November 2013
- October 2013
- September 2013
- August 2013
- July 2013
- June 2013
- May 2013
- April 2013
- March 2013
- February 2013
- January 2013
- December 2012
- November 2012
